20VC: 15 Term Sheets in 7 Days and Choosing Benchmark | Harvey vs Legora: Who Wins Legal and How to Play When You Have $600M Less Funding | Are AI Models Plateauing Today | Building a 9-9-6 Culture From Stockholm with Max Junestrand

In this episode of 20VC, Harry Stebbings interviews Max Junestrand, the co-founder and CEO of Legora, an AI-powered legal collaboration platform. Max shares his journey from being a pro gamer and building esports betting models to disrupting the legal tech industry. He discusses Legora's early days, including joining Y Combinator, raising capital from top-tier investors like Benchmark and IVP, and competing with well-funded competitors like Harvey. Max emphasizes the importance of focusing on the application layer of AI, partnering with law firms, and building a strong team culture. He also touches on topics such as the commoditization of AI models, pricing strategies, and the challenges of scaling a global company while maintaining a high level of customer satisfaction.